Translations

Italian

Noun

Budget (from french
bougette, purse) generally refers to a list of all planned expenses
and revenues. A budget is an important concept in microeconomics, which
uses a budget line
to illustrate the trade-offs between two or more goods.
In other terms, a budget is an organizational plan stated in
monetary terms.

In summary, the purpose of budgeting is to:

Provide a forecast of revenues and expenditures i.e. construct
a model of how our business might perform financially speaking if
certain strategies, events and plans are carried out.

Enable the actual financial operation of the business to be
measured against the forecast.

Business Start-up Budget

Description of the expected
financial results of your business activities. Initial process of
calculating your small business start-up costs list everything you
will need to purchase including both tangible assets (for example,
equipment, inventory) and services (for example, remodeling,
insurance), working capital, sources and collateral. The budget
should contain a narrative explaining how you decided on the amount
you are putting into this reserve.

Corporate budget

The budget of a company is
compiled annually. A finished budget usually requires considerable
effort and can be seen as a financial plan for the new financial
year. While traditionally the Finance department compiles the
company's budget, modern software allows hundreds or
even thousands of people in the various departments (operations,
human resources, IT etc) to contribute their expected revenues and
expenses to the final budget.

If the actual numbers delivered through the
financial year turn out to be close to the budget, this will
demonstrate that the company understands their business and has
been successfully driving it in the direction they had planned. On
the other hand, if the actuals diverge wildly from the budget, this
sends out an 'out of control' signal and the share price could
suffer as a result.

Event Management Budget

A budget and planning tool to
assist in calculating and meeting the costs associated with a
business or social event. It is a fundamental tool that enable the
event director to predict with reasonable accuracy whether the
event will result in a profit, a loss or will break-even.

Government budget

details Government
budget The budget of a government is a summary or
plan of the intended revenues and expenditures of that government.
In the United
States, the federal budget is prepared by the
Office of Management and Budget, and submitted to Congress for
consideration. Invariably, Congress makes many and substantial
changes. Nearly all American states are required to have balanced
budgets, but the federal government is allowed to run
deficits.

Personal or family budget

details Personal
budget In a personal or family budget all sources of income (inflows) are identified
and expenses (outflows)
are planned with the intent of matching outflows to inflows (making
ends meet.) In consumer
theory, the equation restricting an individual or household to
spend no more than its total resources is often called the budget
constraint.